Loading…
Modine Manufacturing Company has entered into a definitive agreement to acquire Luvata Heat Transfer Solutions (HTS) for approximately $422 million. The transaction is expected to close within calendar year 2016.
Modine completed its $418 million acquisition of the Luvata Heat Transfer Solutions business and merged it with Modine Coils to form the new Modine Commercial and Industrial Solutions division.
Modine Manufacturing Company completed its acquisition of Luvata Heat Transfer Solutions for approximately $418 million, adding the world's largest supplier of coils and coatings to the HVAC&R industry.